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Camberwell, VIC 3124
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,510,000
market range $2.2M-$2.6M
Median Unit
$1,090,000
list-price estimate
Gross Yield (houses)
2.3%
1yr Growth (houses)
-3.8%
market range -10.0% to +2.5%
Investment snapshot for Camberwell
Camberwell has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Camberwell market and investor summary
Camberwell (VIC 3124) runs a median house price of $2.5M, with houses yielding a gross 2.3%. House prices have moved -3.8% over the past year and -0.3% over three years. At 2.6% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.3% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Camberwell: people, income and schools
About 21,965 people live in Camberwell, a count that has slipped about 2% over five years. The median age is 43, skewed a little older, and 73% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $128,000 a year, or roughly $2,460 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 19.6 times local household income, so affordability is a genuine constraint on local buyers.
There are 93 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 10 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 66 for walkability and 60 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 21,965
- -2% over 5yr
- Median age
- 43 years
- Median household income
- $128,000/yr
- Households renting
- 27%
- Family households
- 52%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 93
- avg ICSEA 1138
- Unemployment
- 2.7%
- Distance to CBD
- 10 km
- Walk score
- 66/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Camberwell
View all →Frequently asked questions about Camberwell
What should I check before investing in Camberwell?
Camberwell has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Camberwell?
The median property price in Camberwell, VIC 3124 is $2.5M for houses.
What rental yield does Camberwell show?
The gross rental yield in Camberwell is 2.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Camberwell?
House prices in Camberwell are down 3.8% over the past year and down 0.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Camberwell?
The current vacancy rate in Camberwell is 2.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Camberwell?
Camberwell has a population of approximately 21,965 residents, with a median age of 43.
What schools are near Camberwell?
There are 93 schools within roughly 5km of Camberwell. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Camberwell affordable to buy in?
A median house in Camberwell costs about 19.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Camberwell's population growing?
The population of Camberwell has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Camberwell from the CBD?
Camberwell is about 10 km from the CBD.
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